Immaculate 6 bedroom Villa for sale with countryside view in Santa Barbara de Nexe, Algarve

3,500,000 EUR 3,010,000 GBP 3,780,000 USD

Reference: 216013

Bedrooms: 6
Bathrooms: 6
Floor Size: 270 m2
Plot Size: 0.51 hectares / 1.26 acres

Features

Terrace
Tennis Court
Gym
Air Conditioning
Fireplace
Renewable Energy
Possible Extra Dwellings
Potential for Income
Countryside View
Private
Quiet Area
Parking
Garage
Good Condition

Details

Spacious and beautifully presented 6 bedroom villa, with a total living area of 270m2, which is full of character and charm yet with modern comforts combining both comfort and luxury.

The property consists of the main house, cottage, swimming pool, outdoor dining room, garage with an adjoining apartment for family and friends and a tennis court. At the front of the Quinta is a large terrace area overlooking the sea, with a covered area for alfresco dining.

The main house and the cottage are separated by a very private courtyard and give a quiet aspect to this property.

Main house:
Ground floor: entrance hall with a ceiling decorated and painted in Algarvian colours; dining room with ceilings decorated in the same spirit; kitchen completely in the Quinta style with all the facilities and floor tiles of yesteryear; living room in 2 areas set around a fireplace; 3 bedroom suites, 1 with a dressing room. At the back of the master bedroom is a fitness area with a gym and a spa with a hamman.

First floor: en-suite bedroom with 2 balconies.

There is air conditioning, the radiators are black cast iron and there is double glazing in all rooms,

Cottage: 2 en-suite bedrooms; living room; dining room and a kitchen with bread oven. The air conditioning is also integrated, there are also black cast iron radiators and there is double glazing.

Outside: heated swimming pool; terrace; outdoor kitchen; bore-hole and a cistern of 10.000 Litres mainly used for the irrigation and the swimming pool. There are also 32 photo voltaic solar panels.

Apartment: living/dining room; kitchen; bedroom and bathroom.

The properties are beautifully decorated, heated, have insulated walls and roofs and integrated air conditioning.

There is also a tennis court and the property is perfectly maintained.

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Portugal Property Buying Guide

1. Signing a Letter of Intent

On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.

2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)

The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.

3. On Completion

The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.